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Search Results 0 to 38 of about 39 (some duplicates have been removed)
of employment, construction jobs, manufacturing jobs, in the energy space, tend to be higher paying than other jobs, particularly service jobs. so if we see a continued pick up in the housing market, continued strength in manufacturing, this could lead to the virtuous cycle that we have all been waiting for from the private sector. cheryl: okay. now, i know that one of the groups that you do watch, one of the groups that you're actually positive on, and there's not a lot, but it is healthcare, you do like healthcare. tell me kind of some of the names you appreciate right now in that space and also do you think that with the healthcare law, the exchange really beginning to kick in in the next 12 months that healthcare is going to continue that forward? >> we think healthcare will continue to being strong relative to the overall market. one area we like, you know, from a defensive standpoint is large cap pharma. you've seen this big race for record setting inflows into high yield bonds. we think one area that pays dividends that has been overlooked is large cap pharma. and we like names like joh
is no. we have this gradual recovery. it looks all right over time, has good pieces to it, energy, housing, the banking sector actually may be getting better. lori: must be a mistake on our washington leaders, what if they can achieve a grand bargain, get entitlement reform and we can sustain this debt to gdp level for the time being we can get to underlining measures. >> it would be a glorious outcome. lori: are you optimistic at all it will happen? >> i would like it to happen, but i managed portfolios, don't manage policies. lori: how are you managing these portfolios right now? interest rates will remain at historic lows. >> stretch at all, low interest rates for a long time, gradual recovery that has been bullish for stocks, fully invested, we just need you to be the secretary of the treasury. lori: me? >> yes. you can run the policies, could be terrific. lori: the only thing i have on jack lew is better penmanship. what kind of produc products aru interested in? >> when you can buy the highest grade tax-free bond that pays you 3% today, that is a bond that has a zero default
of 122 points. energy is doing well and disney is the biggest gainer. bank of america though not. it's down 3% after their earnings came out so they are not helping that today but the dow, 13,622. if it closed right there, that would be a new five and a half year high. the s&p, any positive close is another five-year high. for the nasdaq -- s&p up 11 points right now at 1483 and change. major averages staging this late-day rally. can the markets close above the five-year highs. that's what we're talking about here. >> wants us to go higher. clerk it out in today "closing bell" exchange. josh brown, cnbc contributor from fusion analytics and michael farr, cnbc contributor from farr, miller and our own rick santelli. hey, guys, how you doing. michael fax let's kick this off to you. what do you attribute this very strong rally today. >> i don't think anything in terms of the earnings season, maria, has spooekd spooked the markets at all so we continue in this. perhaps goldilockgoldilocks, a t of lala land, recognized some of the issues, regulatory issues and housing was really good toda
, sunco energy partners, norwegian cruise lines, all making their debuts this morning. stick around to see how they open for trading. the opening bell is just a few minutes away. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ >>> you're watching cnbc's "squawk on the street." the opening bell set to ring in just about one minute's time. morgan stanley, again, those results, it looks like morgan's going to open at a new 52-week high, after a pretty nice run. this could help the spire financial sector in today's session. the leader
, they say their product is safe but can they prove it? the dangers of those energy drinks. >>> good evening, i'm jeff ranieri in the bay area weather center. we did have some warming today. temperatures dropping off right now 46 in livermore and also 50 in san francisco. we'll have more on that warming trend coming up and if you're thinking about the 49ers game this weekend in atlanta got some great weather for the game. also plenty of sunshine. it will feel like the bay area out on the field. i have your forecast and some warming coming up. >>> emergency visits involving energy drinks are happening more frequently. the number of people who need medical attention after drinking energy drinks doubled between 2007 and 011. energy drinks became more popular at convenience stores, bars, and on college campuses. most of the 20,000 cases involve teens and young adults. the survey says it forces them to go to the emergency room. >>> a word of warning tonight. you may want to think about how much caffeine you take in. more than 4,000 men found those who took in the most caffeine were more prone to
bullish on u.s. equities and one of the main reasons i am the u.s. energy story which i think is a story that's not being told as well as it should be. in 2012 the u.s. oil production was up 16%. that was the biggest year over year increase in u.s. oil production since 18 at which just happens to be when we started producing oil so if we think about what's going on. we have right now -- right now we produce oil at 80%, the same price the rest of the world does. we produce natural gas at 25% of the price the rest of the world does. we have cheap energy here in the united states and we feel that will drive manufacturing back to the united states, create jobs, and when all this political stuff is over, that's going to be a big story that we'll talk about ten years from now. >> these are long-term projects. these happen over a long period of time. i think the point that rex is making we'll see a sizable decline, maybe not sizable, i don't know what kind of size you're expecting because of all the wranglings in washington. what you're talking about, ed, is an opportunity for businesses and wa
driving earning as well as the economy. autos, housing, manufacturing and energy. we think the private recovery gdp could be 3%, offset by fiscal headwinds in the government, but we think it's a pretty good backdrop and seeing lots to do. travel all the time. been in europe and asia, there's some things we're very excited about that we're partnering with our clients, and i think we'll make good money. >> you also talk about being overweight real assets. what do you mean by real esas? >> one thing in our energy group, one of the pioneers in this group, going to the energy companies and also buying wells and oil in the ground so i would think about it ahead of our group who likes to say we're creating bonds in the ground so oil where you get a yield and inflation protection and growth. that's hard to match when you think about a tip security where you actually have to pay for the yield, so that's been a very exciting area. same thing in real estate. we've been doing a lot with the firm's balance sheet. one thing we try to eat what we're cooking and have almost a $7 billion balance sheet.
's the process that could lead america to energy independence. environmentalists do not like it, but guess in, our next guest says he's spoken to some environmental officials who say they found no evidence that fracking contaminates ground water. he is troy murdoch, a fox news contributor, and welcome to the program. >> thank you. happy anniversary by the way. stuart: thank you, you've been a part of it. you've spoken to environmental officials and am i right, they haven't found a single example where fracking has contaminated ground water? >> it's amazing, when i researched the article in the new york post, and usually you have environmentalists-- or celebrities that come up with environmental cause and they yell and scream on one side and regulators on the other side saying here is the evidence to backup with the celebrities are saying, a one-two punch. in this case you have matt damon and yoko ono, saying fracking is the most dangerous and lisa jackson is saying she cannot name one example of ground water contamination, and said it a couple of times before congress under oath and the u.s.
sure what the broader story is, but i think everything we read about energy production has the united states becoming one of the leading energy producers over the next several years. crude trading at $93. i think it's a sale. i think -- natural gas rally up 10% in the last week or something, and -- but i -- liz: elliot, you know, natural gas broke my heart. you break my heart over and over. >> get in line. liz: you think something happens, and it doesn't. >> natural gas is over priced, and watch that platinum-geld thing. platinum should be over gold. i don't know what they were saying with silver having industrial uses also, but not since photography we want to digital have i seen uses for silver, at least, you know, on the day-to-day thing, but i think energy's over priced and gold is coming back in line with that platinum thing. liz: the platinum is the go-to metal with jewelry. >> platinum, you know, they use gold in catalytic converters or something? liz: no, they use palladium. >> oh, palladium. okay. all i know is there's plenty of gold on the planet, no shortage of gold. liz: g
to 2.5% points. if you look at the ten year, gilds above 10%. the energy, $93. and now we'll go to the ten year note. which is now 1.82. i was mistaken. yesterday for a minute i thought we were getting close to two. but rick was talking about. i wasn't paying that much attention. >> what are you guilty about? >> yeah. it was guilts. booms also going. the dollar, $1.33 verse you the euro and 88 on the yen. finally, gold was up significantly yesterday. it's falling back a little today, down about four points. >>> now time for the global markets report. ross westgate standing by in london. mr. westgate, how are you this morning? >> hey. we're good. thanks very much. as you just saw joe point out, softer here. we have bounced off the session low a short while ago. and the german economics ministry talking about the forecasts for germany, as well. just helping us bounce off that primarily, saying, yes, we've had a weak fourth quarter. will be weak at the beginning of the year. they're expecting a much stronger rebound toward the end of 2013. so the footse 100 was down .5, currently d
fill in at the big board. nrg energy celebrating the recent merger with gen-on energy. and part of the ireland fund. more financials, blackrock beats. >> yeah, yeah, well, look, companies are taking in a lot of assets. i think you sue the inflows, people after the uncertainty of the fiscal cliff ending, money is coming back to these funds. i think it's a decent story. i've got to tell you. the negative still among the analysts, bank of new york was downgraded today. you would upgrade bank of new york, not downgrade it. the analysts i think still have to catch up with the valuation stories. >> say her out with a downgrade of goldman sachs, so similar call there. we're watching the home builders. and we're seeing home builders , across the board trade higher. the etf that tracks home builders up by about a percent. and jim, it's interesting you hear about all these, a story yesterday that lenar is going into the rental business, just when we thought maybe rents had peaked. >> stuart miller knows more than pretty much anybody else i know other than may bob toll. more importantly i
the president's term. he for renewable energy. salazar will leave in march and returned to his home state of colorado. $51 billion hurricane sandy's disaster relief act is now moving on to the senate. forty-nine republicans voted yes for that bill, 179 republicans voted against that bill. over to london now where police say two people are dead after a helicopter crashed during the morning rush hour. the helicopter hit a construction crane and then crashed on the street. two people on the ground were treated for minor injuries. those are your headlines. back now to dagen. dagen: thank you. a price of regular gasoline sitting at $3.29. down nearly $0.10 from a year ago. tom kloza is here. he is joining us on the phone. talk to me about demand and how low prices could go because of that. >> demand is about as low as it has been since january of 2000. we just got a couple of demand reports that were subpar. now we have this fear or panic about the flu. we have people getting their paychecks that are a little bit lighter. discretion of driving is really going to tank here in the coming weeks.
. energy and metals, sharon epperson is at the nymex. >> brent crude prices moving late bit higher. we got near $111 a barrel. and this on some pipeline issues happening in the brent market. that is impacting that futures price. we're also, though, seeing gains not as strong as you may think, because of the latest report from opec. opec saying it sees weaker demand for its crude in 2013. we're also watching the u.s. supply picture, because that's going to be key going into 1030 when we get the report from the energy department. we are looking at energy prices that have been mixed. but right now we are expecting analysts to see a big build in crude supply, somewhere around 2.5 million barrels. the american petroleum institute increasing supplies much less than that. we'll see what comes of that number at 10:30. we're also watching the gold story. really, it is platinum that is gaining momentum this year. and the supply issues continue in south africa. hundreds of miners there have gone on strike at anglo american platinum. that is the world's largest producer of platinum. and about 20% of i
the dip will be. dennis: receivers the energy business rather than owning deposits, but if oil goes down rather than up, does that hurt the customers? >> it doesn't. every company knows there's few places to save money these days as a company. talking about productivity, you know, listen, technology is fantastic, but everyone's got all the different software out there, and this is one area that the company, on the website, they have a running meter right now. they've saved customers $545 million and keeps ticking. today, there was a new contract from the burlington vermont school system, eight schools. it could be small contracts like this or larger contracts. bottom line, an area to save money is utilities, particularly, the epa, news from the epa sent the stock significantly higher today, epa has a lot of rules on energy, energy uses, and things like this, only helping the company. cheryl: love this. >> 30% a month, ring the register. anybody who bought the stock here, sell it. cheryl: we'll hear it. i like sees this side of you. >> i'm pumped, thanks. cheryl: just ahead, talking dark
. finally, the third of three master limited partnerships, suncoke energy, priced at $19, a little bit below, but you can see, guys, a fairly good week, fairly active week for ipos. >> thanks, bob. final stretch of the week. a pretty good week. 50 minutes before the closing bell sounds. dow jones industrial average still climbing, up 12 points on the session. >> the economy -- the stocks have been rallying as the economy improves, that's what's happening here, so the question inevitably becomes when does fed chairman bernanke finally have to be convinced that it's time to put the brakes on the economic stimulus? both sides that have issue coming up. >> a big debate on that one. then a document dump finally allowing investors an inside look at the fed's first response to the financial crisis. and put it this way. no one really comes out looking so great. we'll have the details and tell you what's in the documents. you're going to want to hear on them. >> oh, holy auto auction, batman. the original batmobile is hitting the auction block, the original adam west batmobile, and you will not belie
have the china exposure. others benefit from energy and infrastructure or improvement in housing so it seemed like there were fundamental reasons to be more optimistic on that group of stocks. >> susie: okay. well, we'll see how it goes this year. thanks for coming on the program. we've been speaking with adam pozen. >> susie: it's not easy being a retailer these days, especially if you rely on customers buying at your store. many consumers come in and browse, but make their purchases online. but tech innovations are helping to change that. erika miller got a sneak peek at the intel booth at the national retail federation's convention. >> reporter: adidas had a problem. that's the company most americans call "adidas". it needed to figure out how to get customers to buy merchandise in its stores, instead of on- line for less. it found the answer in this interactive display, which has boosted traffic, and dollars spent per transaction. >> normally, in a physical store you can get maybe 200 different products. but with this, you are not really limited. but rather than just put a little
has been colder than average, what pg&e says about energy usage. tanker that hit the bay bridge. the pilot made a turn just before passing under the bridge. it clipped a talent causing millions of dollars in damage. our media partner reports the pilot planned to follow the yellow line. but forwów83 some reason changed lanes to cross near the red line on the map. >> san francisco board of supervisors has voted to ban smoking at outdoor fess values and parades. the vote came in just about past hour, block party woz not be subject to the ban. proponents say police will not be pa patrolling but depending on pier pressure and a campaign to keep people from lighting up. if the ban÷$y gets final approv, it could take affect in time for the chinese new year's parade in february. >> new video of facebook's new search feature. >> it allows users to search social connections for information about which friends share interests. it will help users who want to scroll through fotors friends have taken let's say in paris or search for tv shows. the ceo says the searc]qn feature is privacy awa
or representatives debated relief from superstorm sandy today. energy analyst kevin book expects governments will increasingly be forced to spend money to mitigate or adapt to climate change. >> with every storm, with every flood, we're getting closer and closer to talking about how he handle climate change rather than how we stop it. >> reporter: pressure to address climate change may also come from outside the united states. the european union is threatening to slap trade the u.s. refuses to buy credits to offset greenhouse gas emissions from transatlantic flights. even china may help force the u.s. to act. beijing is under pressure to clear the air as pollution makes it harder and harder to breath. >> coal pollution, including greenhouse gas emissions, is something they have got to get down in their country if they're going to live there. as the largest emitter, the bogey man to which all western nation's point, begins to clean up its game, it's going to make it harder to say no. >> reporter: and progressives are hoping the president will bypass congress and use his regulatory authority u
well three weeks into the new year--investment in energy infrastructure, such as pipeline extensions and transmission lines. a vote today on the hill could buy time for lawmakers. house republicans are planning a vote, authorizing a 3 month extension of the debt limit. it pushes off the gop's battle for spending cuts tied to raising the debt limit. president obama is calling for a "clean" debt limit increase, because it pays for bills the u.s. has already racked up. meanwhile, house speaker john boehner says he wants the house and senate to pass a budget in the near term that includes severe cuts to social programs. without a budget, boehner says lawmakers should not receive pay checks. president obama wants a balanced budget. the senate is expected to approve aid for states devastated by superstorm sandy. senators will vote on a $50 billion dollar bill today. last week, congress said yes to the funding... but not without no votes. the majority of republican house members voted against the bill.. calling it too expensive and saying it should come with spending cuts. january 4th,
, other way you'll pay more in energy taxes or energy prices. in his inaugural address he spent more time on climate change than any other single issue. environmentalists ecstatic, the foreign media client. and the world's great minds will call for a 14 trillion dollar global greening. this is tuesday, january the 22nd, the day after the most liberal, all-government, all the time inauguration speech in memory. "varney & company" is about to begin. you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> golfer
of growing momentum in the u.s. economy. all of this in then you have the energy boom in the whole shale thing helping in that industry and related industries. there are a lot of bright spots in the u.s. you know, the guys in washington do not mock it up, we have a good shot. melissa: we have breaking news right now. i want to point you to the shares of facebook. down $0.60. that is good for almost 2%. we have this meeting going on right now. it is a major reversal for the stock. we are trying to get more details out of this meeting. we will have rob enderle on at the end to talk about it. shibani: i am following a couple of live logs on the event. the three pillars of facebook. when he unveiled today is his 23 pillar which is being called graph search. it is a graphical search. it is not a web search. that is one of the reasons we are seeing a selloff of facebook shares. again, what the company has unveiled at this moment is a surge in addition facebook. we will bring you more headlines as they come out. melissa: it is interesting to see that they would dump out on that. lori: google ha
. >> caller: i want to know about resolute energy. what do you think about that? >> i've been looking at a lot of these different oil and gas companies and i believe that oil may still be shaded down, which is why i favor stocks with yield in this sector and that one doesn't have it. you need yield to be in oil and gas. that's why i like things like conoco. let's go to michael in pennsylvania. >> caller: boo-yah. >> boo-yah. >> caller: nycb, please. >> this company had an outsize yield that looked like it was going to be a red flag but now i'm keeping the red flag in my sock because i think that we are in a position where the regional banks are doing just fine and i like it. i need to go with billy in missouri. billy? >> caller: boo-yah, jim, from the home of the once again playing hockey st. louis blues. >> nice. >> caller: i actually am calling about public storage. psa. >> i like that. that's a real estate investment trust. baby boomers retire. people, you know, i'm looking for storage, going into a shrinking house situation, downsizing. craig in washington, craig? >> caller: jim, boo-yah.
the problem. last but not least, green energy. we're going to subsidize the solyndras. don't think so. it's been around at the beginning of many centuries. maybe the problem is that when you have 330 million people in this country, solar panels just aren't going to cut it for what drives business. energy, real energy like natural gas. cause/effects, be careful. there's a lot of nefarious activity. >> flagging this to our viewers, mark cuban walking "squawk on the street." the president is lying when he says a calorie or fructose is the same as any other to your body. we just had the discussion talking about their new initiative trying to address obesity. interesting, huh? >> real turn here. >> a lot more "squawk on the street" still ahead. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm righ
energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are or may become pregnant or are breastfeeding, should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased risk of prostate cancer, lower sperm count, swelling of ankles, feet, or body, enlarged or painful breasts, problems breathing during sleep, and blood clots in the legs. tell you
of expectations, and it also said on the call that controversial $9 billion deal for the two energy companies sthash that it will not be put to a shareholder vote and they expect the deal to close in the second quarter. >>> sales of existing homes down in the recent month? what does that say about the health of the housing market now? diana is in washington, d.c. hi. >> tyler, the story is what you are not seeing on this street behind me, that's a for sale sign. home sales are falling because the number of homes for sale are falling. we're now at 1.82 million homes on the market, that's down 22% from a year ago. at the current sales pace, that's a 4.4 month supply. the lowest since may of 2005. in raw numbers we have not seen this few homes for sale in over a decade. 2.7 million borrowers are still underwater on their mortgages, investors have also eaten up most of the distressed properties. and builders, while they are ramping up, they are still at less than half the starts they were during the housing boom that low supply is pushing housing prices up higher than expected and faster than exp
on the energy base in general because we think on the back of continued global growth that ought to be supportive of high elevated prices and that ought to be good for the major oil integrated company that is selling for a cheap valuation above the market dividend yield. liz: zÜrich insurance group. you have a us-based investor looking at this one, what is the number one selling point there? >> high quality, quick paced financial sector holding that we like in terms of insurance related assets, in addition it is important and come them entry is well above market dividend yield in an insatiable appetite for. david: good to see you both, thank you very much, appreciate it. facebook introducing a new feature they are calling graph search. what does it do? and is there money to be made from it? investors have not been that excited. the stock fell 2%. shibani joshi has the details. liz: disney is finally putting their characters into physical and web play. announcing the newest video game utilizing actual figures were a call them figurines. the copresident of disney interactive to ta
, maria, the important things is all the moves into cyclical names. energy and industrial stocks all moving. back to you. >> thanks, bob. a lot more coming up on this jam-packed edition of the "closing bell." 80 companies will post earnings next week. despite the shorter week, a lot of them big-name technology companies. a panel of market pros will tell us how they expect this to drive the market and later, asleep at the wheel. the fed releasing transcripts from emergency meetings in 2007 as the crisis was just beginning, and, boy, did they miss the big picture. the story coming up. also ahead. holy car auction! the batmobile from the popular 1960s tv series hits the black this weekend. our robert frank on the lowdown with how high the bidding could go. which batmobile would you buy right now? we'll reveal the most popular coming up. i'd say you've got to go with adam west or michael keaton, my two favorites. what is your favorite? back in a moment. e >>> welcome back. another blockbuster week of earnings ahead. kayla tausche running through the roster to determine if the rally could
tablets. whether you have enough energy to get out of bed. >> reporter: doctors save her the thumbs up to return after her last test showed no abnormalities. >> it's like an athlete coming off injured reserve. they don't go back to the starting lineup. >> reporter: while you won't see her on air immediately, she'll be doing dry runs to see how her body reacts. her immune system is still rebuilding. she's still unable to get a flu shot. doctors say her body won't respond to it. hugs are off limits for now. she said she would like to return in february, adding she has a day in mind that's personal to her. reena ninan, abc news, washington. >> she looks so great. she says the dry run may start next week, waking back up at 4:00 a.m. getting back to that schedule. >> you need to get your body readjusted. >> she's going to wake up at 4:00, hair, makeup, and when she feels right, she'll be back. she said the one thing she's not missed is the alarm clock. which every reporter can relate to. but almost 140 days ago since her transplant. so it's a remarkable recovery. >> it is, it is. >> strong
started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are or may become pregnant or are breastfeeding, should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased risk of prostate cancer, lower sperm count, swelling of ankles, feet, or body, enlarged or painful breasts, problems breathing during sleep, and blood clots in the
island has got rare kangaroos. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> s.e.c. has gotten a bad rap in recent years. the agency was highly criticized for the mishandling of the madoff scandal. now they're trying to use new technology and creating specialized units to combat fraud. our gary kaminsky got rare access inside the asset management unit. >> things are definitely changing for sure. i pent some time with bruce karpati. his unit is responsible for investigating allegations of fraud committed by investment adviser and there are approximately 10,000 advisers overlooking $40 million of assets. he contributed to bring 147 enforcement actions against investment advisers just last year. >> i would imagine a mission statement here is free markets, fair markets. explain to me how the department that you're overseeing puts that mission
energy on. >> i think the likelihood of a shutdown is less standard than it would have been ten days ago. but i would look at a three-stage process here. the first is tomorrow to deal with the debt ceiling and extend without a number extend the ability of the government to continue to expend until mid-may. then i would look at march 1st sequestration. that is the agreed-to reduction s amounts that the president already agreed to. >> and we've heard what sequestration would to to the government and people? >> not really, but with the nomination of peter, historically he's talked about cuts in defense. if you're going to cut, anyway, then let's get started and what about, too, is happening in the middle east, we'll find out tonight who takes israel, obviously netanyahu is leading the poles now. at the same time, north africa in the news with all of the latest violence at the gas field in algeria. so does this complicate the narrative of wanting to push ahead with sequestration? >> well, the speech yesterday was very short on international affairs. which i found surprising. because we are i
of their time, their energy and their money to serving others. do you think this is something that crosses all generations? in other words, are people your age and even younger getting involve involved as much as perhaps some older americans are? >> oh, absolutely. you know, all of the studies show that younger americans, the so-called millennials are actually more engaged than older generation. it appears we're becoming even more generous as we move into the 21st century, particularly in donating our time, which is one of the reasons why i'm so enthusiastic about the national day of service on saturday not only being our largest national day of service ever but hopefully a renewed commitment to service in our country. >> i love it in my kids' school they talk about it, in schools across the country. what can parents do, in your opinion, to set a better example for children in this area? >> well, matt, i think what you were just talking about, encouraging our schools, our faith communities, our community centers to make opportunities available to children so that children grow up thinking of s
Search Results 0 to 38 of about 39 (some duplicates have been removed)